Tools for Brokers, Kraken, PrimeXM and More: Executive Moves of the Week

by Tom Hazan
  • Executive moves that dominated the week's news.
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Moving towards the latter part of September, executive moves seem to be standardising in the Forex, Crypto and Fintech universe despite the digital winter that is being felt throughout. Let’s review the executives that have taken on new roles and challenges in our executive moves roundup of the week.

Sadia Ricke Joins Standard Chartered as Group Chief Risk Officer

Standard Chartered has recently announced its choice of Sadia Ricke as its new Group Chief Risk Officer.

Ricke will join Standard Chartered on 1 February 2023 and will be based in London.

In her new role, she will report directly to Bill Winters, Standard Chartered’s Chief Executive Officer. Ricke’s appointment is subject to regulatory approvals.

Learn more about Standard Chartered onboarding Sadia Ricke as the Group Chief Risk Officer.

Michael Levine Joins Tools for Brokers as Vice President of Sales UK

Tools for Brokers confirmed today that it has selected Michael Levine as its Vice President of Sales UK.

In an official announcement shared with Finance Magnates, Tools for Brokers noted that as well as Levine's main responsibilities, he will be in charge of the MENA region to facilitate the company’s global growth.

In his professional career of more than a decade, Levine worked in the sales department of several leading financial firms. The newly picked VP of Sales UK is joining the London office of Tools for Brokers. In his new role, Levine will work closely with other team members to build strong relationships with clients and regional partners.

Find out more about Michael Levine joining Tools for Brokers as its new Vice President of UK Sales.

Kraken Names Dave Ripley as CEO as Jesse Powell Becomes Chairman

Kraken announced the appointment of Dave Ripley as the new Chief Executive Officer who is taking over the apex position from the Co-Founder, Jesse Powell. Powell will now become the Chairman of the exchange’s board.

Previously, Ripley joined Kraken in October 2016 as the Chief Operating Officer.

He is taking over as CEO when Kraken is going through an expansion phase and reportedly facing a federal investigation in the United States for the alleged violation of sanction rules.

Read more about Kraken appointing Dave Ripley as the CEO and Jesse Powell becoming Chairman.

AlpFin’s Soren Klausen Joins PrimeXM as Head of Global Sales

Soren Rosenkrantz Klausen has joined PrimeXM as its Head of Global Sales.

Klausen joined AlpFin in August 2020 and departed from the brokerage after two years and two months.

He announced his new appointment on Wednesday on the professional networking site, LinkedIn.

The executive is stepping in the shoes of Andreas Charalambous who departed PrimeXM in 2020 to join multi-asset liquidity provider Broctagon Fintech Group.

Discover more about Soren Klausen being named as Head of Global Sales at PrimeXM.

Startup Crossover Markets Appoints Instinet CEO as Strategic Advisor

Crossover Markets Group has appointed Ralston Roberts as its Strategic Advisor.

Anthony Mazzarese, the Co-Founder and Chief Commercial Officer of Crossover Markets Group, announced Ralston’s new post on Wednesday.

Earlier in April, Crossover Markets was launched by Mazzarese, Brandon Mulvihill and Vlad Rysin, two former Jefferies and one Euronext FX employee, respectively.

Learn more about the Crossover Markets selecting Ralston Roberts as Strategic Advisor.

ZuluTrade Promotes Efstathios Xenos as Vice President of Growth

ZuluTrade has promoted Efstathios Xenos as the Vice President of Growth. Previously, he was the company’s Head of the Institutional Department since he joined the organisation in January 2022.

In the new role, Xenos will drive client and customer acquisition, engagement and retention with the development of new strategies and execution of them. Moreover, he will be in charge of increasing the company’s market share and reaching growth targets by working with other teams.

Based in Athens, Greece, Xenos has worked with a few other financial services companies in his decade-long career.

Find out more about the Efstathios Xenos being promoted by Zulutrade to Vice President of Growth.

big xyt Strengthens Leadership with Anthony Huck as the Head of Americas

big xyt announced the expansion of its global executive team on Wednesday with the appointment of Anthony (Tony) Huck as the Head of the Americas.

He has already joined the firm and is now responsible for expanding big xyt’s global footprint in the United States, Canada and LatAm. Additionally, he will focus on matching the company’s offerings with the strategic needs of the global trading and investment community.

Read more about big xyt enhancing its leadership with Anthony Huck as the new Head of Americas.

United Fintech Hires Chris Codo as Senior Relationship Manager

United Fintech announced on Thursday the appointment of Chris Codo as a Senior Relationship Manager based in London.

Codo will focus on selling to his relationships and managing the company’s major clients.

Codo spent more than two decades in the industry and has extensive experience in enabling hedge funds and asset managers to improve execution, workflow and efficiencies.

He joined United Fintech from CME Group, where he was the Senior Director and focused on selling to hedge funds. Before that, he was the Director of the EMEA region at FXall.

Discover more about Chris Codo being onboarded by United Fintech as a Senior Relationship Manager.

Karim Malas Leaves Amana to Join CFI Dubai as Global Operations Head

Credit Financier Invest onboarded Karim Malas as the Global Head of Operations earlier this month and is based in Dubai.

As seen on his Linkedin profile, Malas brings over ten years of industry experience to his new role. He worked with multiple other brokerage brands before.

He joined CFI from Amana Capital, where he spent almost nine years. There, he joined the broker’s Beirut office in February 2014 as a Customer Service Manager and was promoted to Director of Operations.

Learn more about Karim Malas exiting Amana and joining the ranks of CFI Dubai as Head of Global Operations.

Michael Bogoevski to Head CMC Markets’ APAC and Canada Distribution

CMC Markets has appointed Michael Bogoevski to Head of Distribution for APAC and Canada. Formerly, he was the broker’s Head of Singapore.

He joined the London-headquartered broker in September 2013 as the Head of Sales Trading for the APAC and Canada parts. He was then elevated to Head of Singapore after four years.

Earlier at CMC, Bogoevski spent more than five years as part of the broker’s Institutional Business Development Team and handled wholesale stock broking and derivatives like options, forex and contracts for differences (CFDs).

Find out more about CMC Markets naming Michale Bogoevski as Head of APAC and Canada Distribution.

Moving towards the latter part of September, executive moves seem to be standardising in the Forex, Crypto and Fintech universe despite the digital winter that is being felt throughout. Let’s review the executives that have taken on new roles and challenges in our executive moves roundup of the week.

Sadia Ricke Joins Standard Chartered as Group Chief Risk Officer

Standard Chartered has recently announced its choice of Sadia Ricke as its new Group Chief Risk Officer.

Ricke will join Standard Chartered on 1 February 2023 and will be based in London.

In her new role, she will report directly to Bill Winters, Standard Chartered’s Chief Executive Officer. Ricke’s appointment is subject to regulatory approvals.

Learn more about Standard Chartered onboarding Sadia Ricke as the Group Chief Risk Officer.

Michael Levine Joins Tools for Brokers as Vice President of Sales UK

Tools for Brokers confirmed today that it has selected Michael Levine as its Vice President of Sales UK.

In an official announcement shared with Finance Magnates, Tools for Brokers noted that as well as Levine's main responsibilities, he will be in charge of the MENA region to facilitate the company’s global growth.

In his professional career of more than a decade, Levine worked in the sales department of several leading financial firms. The newly picked VP of Sales UK is joining the London office of Tools for Brokers. In his new role, Levine will work closely with other team members to build strong relationships with clients and regional partners.

Find out more about Michael Levine joining Tools for Brokers as its new Vice President of UK Sales.

Kraken Names Dave Ripley as CEO as Jesse Powell Becomes Chairman

Kraken announced the appointment of Dave Ripley as the new Chief Executive Officer who is taking over the apex position from the Co-Founder, Jesse Powell. Powell will now become the Chairman of the exchange’s board.

Previously, Ripley joined Kraken in October 2016 as the Chief Operating Officer.

He is taking over as CEO when Kraken is going through an expansion phase and reportedly facing a federal investigation in the United States for the alleged violation of sanction rules.

Read more about Kraken appointing Dave Ripley as the CEO and Jesse Powell becoming Chairman.

AlpFin’s Soren Klausen Joins PrimeXM as Head of Global Sales

Soren Rosenkrantz Klausen has joined PrimeXM as its Head of Global Sales.

Klausen joined AlpFin in August 2020 and departed from the brokerage after two years and two months.

He announced his new appointment on Wednesday on the professional networking site, LinkedIn.

The executive is stepping in the shoes of Andreas Charalambous who departed PrimeXM in 2020 to join multi-asset liquidity provider Broctagon Fintech Group.

Discover more about Soren Klausen being named as Head of Global Sales at PrimeXM.

Startup Crossover Markets Appoints Instinet CEO as Strategic Advisor

Crossover Markets Group has appointed Ralston Roberts as its Strategic Advisor.

Anthony Mazzarese, the Co-Founder and Chief Commercial Officer of Crossover Markets Group, announced Ralston’s new post on Wednesday.

Earlier in April, Crossover Markets was launched by Mazzarese, Brandon Mulvihill and Vlad Rysin, two former Jefferies and one Euronext FX employee, respectively.

Learn more about the Crossover Markets selecting Ralston Roberts as Strategic Advisor.

ZuluTrade Promotes Efstathios Xenos as Vice President of Growth

ZuluTrade has promoted Efstathios Xenos as the Vice President of Growth. Previously, he was the company’s Head of the Institutional Department since he joined the organisation in January 2022.

In the new role, Xenos will drive client and customer acquisition, engagement and retention with the development of new strategies and execution of them. Moreover, he will be in charge of increasing the company’s market share and reaching growth targets by working with other teams.

Based in Athens, Greece, Xenos has worked with a few other financial services companies in his decade-long career.

Find out more about the Efstathios Xenos being promoted by Zulutrade to Vice President of Growth.

big xyt Strengthens Leadership with Anthony Huck as the Head of Americas

big xyt announced the expansion of its global executive team on Wednesday with the appointment of Anthony (Tony) Huck as the Head of the Americas.

He has already joined the firm and is now responsible for expanding big xyt’s global footprint in the United States, Canada and LatAm. Additionally, he will focus on matching the company’s offerings with the strategic needs of the global trading and investment community.

Read more about big xyt enhancing its leadership with Anthony Huck as the new Head of Americas.

United Fintech Hires Chris Codo as Senior Relationship Manager

United Fintech announced on Thursday the appointment of Chris Codo as a Senior Relationship Manager based in London.

Codo will focus on selling to his relationships and managing the company’s major clients.

Codo spent more than two decades in the industry and has extensive experience in enabling hedge funds and asset managers to improve execution, workflow and efficiencies.

He joined United Fintech from CME Group, where he was the Senior Director and focused on selling to hedge funds. Before that, he was the Director of the EMEA region at FXall.

Discover more about Chris Codo being onboarded by United Fintech as a Senior Relationship Manager.

Karim Malas Leaves Amana to Join CFI Dubai as Global Operations Head

Credit Financier Invest onboarded Karim Malas as the Global Head of Operations earlier this month and is based in Dubai.

As seen on his Linkedin profile, Malas brings over ten years of industry experience to his new role. He worked with multiple other brokerage brands before.

He joined CFI from Amana Capital, where he spent almost nine years. There, he joined the broker’s Beirut office in February 2014 as a Customer Service Manager and was promoted to Director of Operations.

Learn more about Karim Malas exiting Amana and joining the ranks of CFI Dubai as Head of Global Operations.

Michael Bogoevski to Head CMC Markets’ APAC and Canada Distribution

CMC Markets has appointed Michael Bogoevski to Head of Distribution for APAC and Canada. Formerly, he was the broker’s Head of Singapore.

He joined the London-headquartered broker in September 2013 as the Head of Sales Trading for the APAC and Canada parts. He was then elevated to Head of Singapore after four years.

Earlier at CMC, Bogoevski spent more than five years as part of the broker’s Institutional Business Development Team and handled wholesale stock broking and derivatives like options, forex and contracts for differences (CFDs).

Find out more about CMC Markets naming Michale Bogoevski as Head of APAC and Canada Distribution.

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